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14,800

Joined:

24 December 2005

Posts:

5,842

I feel that some policy is darn ridiculous. This is one of the one.

Why make things more difficult for people? They thought that for going cashless is the way to go?

Those policy makers proberly earn a lot of money and they have no problem going cashless as everywhere they go will swipe credit card, so convinent.. But they fail to realize that what they see is only their point view. How can they be so selfish on only seeing their point of view on cashless benefit?

By going cashless means, more headache for elderly, young children, poorer adult, tourist, those undischurged bankrupt and etc. They most likely do not have credit card. No credit card how? Many young children do not even have atm card. So how? Student was given cash for travel and food allowance and suddenly need to go cashless, parents headache, thinking OMG. How am I going to mointor, later I give my son card to use and he anyhow spend how?

The points of the user determines the rank. The higher the points, the higher the rank.

The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.

Points:

Points are accumulated from other users who Praise or Disliked this users' posts.

315

Joined:

09 August 2012

Posts:

267

I feel that some policy is darn ridiculous. This is one of the one.

Why make things more difficult for people? They thought that for going cashless is the way to go?

Those policy makers proberly earn a lot of money and they have no problem going cashless as everywhere they go will swipe credit card, so convinent.. But they fail to realize that what they see is only their point view. How can they be so selfish on only seeing their point of view on cashless benefit?

By going cashless means, more headache for elderly, young children, poorer adult, tourist, those undischurged bankrupt and etc. They most likely do not have credit card. No credit card how? Many young children do not even have atm card. So how? Student was given cash for travel and food allowance and suddenly need to go cashless, parents headache, thinking OMG. How am I going to mointor, later I give my son card to use and he anyhow spend how?

Really stupid idea to go cashless completely.. Darn..

cashless, is not stupid if u think deeper.

u have to pay upfront a certain amount and they get to keep this amount and make interest on it.

while u might not utilise this amount within the shortest time and even not use it at all then the longer it is unused they are happier.

also those whose card expired and lazy to go exchange or refund they even happier, so there u have it for making cashless work!

The points of the user determines the rank. The higher the points, the higher the rank.

The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.

Points:

Points are accumulated from other users who Praise or Disliked this users' posts.

71,234

Joined:

26 May 2004

Posts:

24,729

I feel that some policy is darn ridiculous. This is one of the one.

Why make things more difficult for people? They thought that for going cashless is the way to go?

Those policy makers proberly earn a lot of money and they have no problem going cashless as everywhere they go will swipe credit card, so convinent.. But they fail to realize that what they see is only their point view. How can they be so selfish on only seeing their point of view on cashless benefit?

By going cashless means, more headache for elderly, young children, poorer adult, tourist, those undischurged bankrupt and etc. They most likely do not have credit card. No credit card how? Many young children do not even have atm card. So how? Student was given cash for travel and food allowance and suddenly need to go cashless, parents headache, thinking OMG. How am I going to mointor, later I give my son card to use and he anyhow spend how?

Really stupid idea to go cashless completely.. Darn..

you don't operate a business. If u do, u know that handling cash is very troublesome.

U need to have all kinda procedures in place, CCTV to monitor staff from pilfering money.

U have to transfer money to the bank at random times. U need multiple people to verify total amount in cash in drawers etc.

If shortage, staff gets sianz cos they have to bear the shortage difference. So it's added stress for them.

U have to get loose change CONSTANTLY like every 1-2 days, your staff has to spend time changing coins and smaller notes.

Actually the benefits of going cashless is immense in terms of productivity for the business. Especially for SMEs.

The points of the user determines the rank. The higher the points, the higher the rank.

The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.

Points:

Points are accumulated from other users who Praise or Disliked this users' posts.

36,819

Joined:

07 March 2005

Posts:

18,693

cashless is the way go ...
handling physical money is no joke
my only worry is "hacking"
20 years ago when phonecard was widely used for making phone call ...
i have seen with my eyes that how they can hack the card
you can buy a $10 phone card that you can make more than $10
some say they got "special card" can dial all you want
now that we are moving cashless and even more cashless ...
digital currency is so much easy to steal than robbing a bank ...